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First time short sale buyer and waiting for HSBC authrization
Started this discussion. Last reply by Bryant Tutas Oct 2, 2011. 4 Replies 0 Likes
I am a first time buyer. We submitted our offer in Mid June, 2011, and seller recently got BOA HAFA (just one loan) approval; however,we are still waiting for the HSBC (Investor Bank) authorization.…Continue
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Seller got HAFA approval but waiting for the lender approval (HSBC)
Posted on September 8, 2011 at 11:27am 0 Comments 0 Likes
Hi,
I am a first time buyer. We submitted our offer in Mid June, 2011, and seller recently got BOA HAFA (just one loan) approval; however,we are still waiting for the HSBC (Investor Bank) authorization. Listing agent saying it will be any day.
Our agent said that listing agent constantly talking with BOA but no access to HSBC. But BOA assured him that HSBC agreed on the price we offered. HSBC will approve it any time and BOA will send the apprvoal letter.Our File…
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